Why 111 Stock Soared, Then Dropped Thursday

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Shares of 111 (NASDAQ: YI) soared 76% on Thursday before reversing course with a decline of 5.4% as of 12:45 p.m. EST. Even with the reversal, the Chinese online healthcare platform stock has more than doubled in the past week and has year-to-date gains greater than 250%. 

YI Chart

YI data by YCharts

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